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Travel & Tourism industry news. A Service by Greek Travel Pages (gtp)
 

Greece Duty Free Shopping Picks Up Pace in 2018

Duty free sales with emphasis on fashion, watches and jewelry, increased in 2018 on the back of a good year in 2017 and driven by the stronger tourist flows to Greece.

Holiday Airline Germania Announces Collapse, Cancels All Flights

German low-cost carrier Germania announced that it has filed for bankruptcy, attributing the company’s collapse to increasing fuel prices.

World Leaders to Gather in Greece for Delphi Economic Forum 2019

Heads of State, Prime Ministers and EU Commissioners will participate in the Delphi Economic Forum 2019, which will be held between February 28-March 3 in Delphi, central Greece.

OECD: Steep Taxation Taking Toll on Greece’s Growth

Heavy taxation continues to be the leading obstacle to growth in Greece, according to data released by the Organization for Economic Cooperation and Development (OECD).

North Aegean Governor Clears Ways for Chios Airport Upgrade

North Aegean Regional Governor Christiana Kalogirou has cleared the way for the start of upgrade works on Chios Airport after approving a study for road relocation works.

TUI Hotels and Cruise Segments Drive Growth in 2018

TUI Group has presented double-digit earnings growth in 2018 - for the fourth consecutive year - driven by the strong performance of its hotels and cruise products.

Greek Economy Ministry Triples Funding for SMEs in Tourism

Greek small and medium-sized enterprises (SMEs) active in tourism will be able to tap into additional subsidies after the economy ministry announced that it was increasing funding.

New Athens-Thessaloniki Super Train Hits the Tracks

Train operator Trainose recently presented its new high-speed passenger train that is planned to run the Athens-Thessaloniki route in less than four hours.

Greek Ministry Looking to Double Tourism Venture Funding

The economy ministry is set to announce the allocation of 120 million euros for the funding of tourism ventures and plans to double subsidies.

FS High Speed Train to Debut at Thessaloniki Fair

A new high speed passenger train to run the Athens-Thessaloniki route in approximately four hours, will make its debut at the 83rd Thessaloniki International Fair in September.

Thessaloniki 2018 Fair Figures Rising as Countdown Begins

Preparations are getting underway for the 83rd Thessaloniki International Fair (TIF) to run in the Greek northern port city during September 8-16.

Thessaloniki Fair a Golden Opportunity for Post-bailout Greece

“Greece’s return to growth inherently creates opportunities," said US Ambassador to Greece Geoffrey Pyatt at a press event on the 83rd Thessaloniki International Fair.

Greece-based CEOs: Tourism, Food Services to Top Investor Interest

Tourism and F&B services are the key areas of interest for investors seeking to place their money in Greece, according to market experts and company CEOs.

TUI Group Taking Active Steps Towards Sustainable Travel

With over 20 million “greener and fairer” holidays delivered over the last three years, TUI Group is setting ambitious goals for the future.

Greek Economy Ministry Sees Stronger Investment Activity in 2018-2019

The Greek economy ministry is expecting stronger investment activity this year and in 2019, following last year’s positive trend.

US Ambassador: Energy, Shipping Key to Stronger US-Greece Ties

Shipping and energy are sectors of common interest that can further strengthen relations between Greece and the US, according to US Ambassador to Greece Geoffrey Pyatt.

TUI Increases Turnover to €6.81b in H1, Sees Strong Growth in Bookings for Greece

Strong demand for holiday experiences and cruises have boosted TUI Group’s first half (H1) turnover by 7.2 percent to 6.81 billion euros.

TUI Study: Pro-Europe Support Makes Comeback Among Young Adults

Only one in three young Europeans trust EU institutions while fewer trust trade unions, churches and the media, according to a study by the TUI Foundation.

Rhodes, TUI Airline Meet to Pave Way for Future Collaborations

The prospects of tourism, ways to diversify the tourist product and extend the season were discussed during the 14th TUI Airline Congress, held on the island of Rhodes.

SEV Urges Greek Gov’t to Become More ‘Investor-friendly’

SEV President Theodoros Fessas is calling on the Greek government to become more investor-friendly and offer a range of services that will attract investments.